VitalHub Announces Rebranding and Launch of Sri Lanka Innovations Lab

VitalHub Corp. (the “Company”) (TSXV: VHI) is pleased to announce the rebranding and launch of its innovation lab in Sri Lanka, “VitalHub Innovations Lab.” (www.vitalhub.lk)

VitalHub Innovations Lab creates blockchain, mobile and web-based solutions across the healthcare continuum. Previously known as “B Sharp Lanka (Pvt) Ltd,” the company has been in operation in Sri Lanka since August 2007. B Sharp Lanka was the offshore development hub of B Sharp Technologies, a Canada-based healthcare IT vendor which commenced operation in Toronto in 1998 and was acquired as a wholly-owned subsidiary of VitalHub in 2017.

Since its inception in 2007, VitalHub Innovations Lab has grown to over 35 Healthcare IT professionals, capable of building state-of-the-art healthcare application to support a vast array of digital health products across hospitals and community care settings. VitalHub plans to continue the growth and development of its innovation lab as an integral part of its strategy.

VitalHub Innovations Lab, the Sri Lanka (Colombo) office of VitalHub Corp, was officially launched in Sri Lanka on October 3, 2018, with the attendance of a number of diplomats and industry leaders, including key members from the High Commission of Canada to Sri Lanka, Sri Lanka Association for Software and Services Companies (SLASSCOM), and the Sri Lanka - Canada Business Council (SLCBC). Special invitees present at the event included, Avanti Coonghe – Trade Commissioner and Joumana Hanna - Executive Assistant to the High Commissioner of the High Commission of Canada to Sri Lanka; Ranil Rajapakse - Vice Chairman of SLASSCOM; Harith Jayasuriya - President of SLCBC and media personnel.

“We have developed a strong innovation hub that we are continuing to grow. We would like to express our gratitude to both our Canadian and Sri Lankan government representatives who have supported us during this important building process,” said Dan Matlow, CEO of VitalHub.

“VitalHub is an important example of the partnership Sri Lanka and Canada have developed in the field of IT innovation. We look forward to continuing to work with VitalHub as they expand operations in Sri Lanka,” said High Commissioner of Canada to Sri Lanka, David McKinnon.

Addressing the team, Dilan Rajapakse, General Manager of VitalHub Innovations Lab stated, "You have been the driving force behind our continuous success throughout the years. A new platform is set ahead of you to do many more wonderful things in the future"

ABOUT VITALHUB:VitalHub develops and supports mission-critical healthcare information systems in the Mental Health (Child, Youth and Adult), Long Term Care, Community Health Service, Home Health and Hospital sectors. VitalHub technologies include Blockchain, Mobile, and Web-Based Assessment and EHR solutions.

VitalHub's aim is to create high-value, secured solutions enabling interoperability among existing health data systems. VitalHub is primarily focused on working with organizations in the Mental Health, Acute and Long-Term Care space, to further extend organization's applications across the continuum of care, powered by the security, efficiency, and trust of Blockchain technology. 

The Company has a robust two-pronged growth strategy, targeting organic growth opportunities within its product suite, and pursuing an aggressive M&A plan. Currently, VitalHub serves 200+ participants across North America. VitalHub is based in Toronto, Canada, with an offshore development hub in Sri Lanka. The Company is publicly traded on the TSX Venture Exchange under the symbol "VHI".

CAUTIONARY STATEMENTThe TSX Venture Exchange has in no way passed upon the merits of the transactions and has neither approved nor disapproved the contents of this press release. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

CONTACT INFORMATIONDan MatlowChief Executive Officer, Director(416) [e-mail]